kangkung belacan's comment on HARTA. All Comments

kangkung belacan
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pity who stuck at price RM20.00 during covid-19
ting pang eng
The person who bought at RM20.00 during the COVID mania was not an investor; they were a gambler. They bought a commodity stock at a 100x PE ratio during a once-in-a-century pandemic, thinking the mania would last forever.

Charlie Munger’s view on this:

"The first rule of an investment is: Don't lose money. The second rule is: Never forget rule number one."

The person who bought at RM20 has already broken both rules. The market does not care about their loss. The share price is not sitting at RM0.965 because of them; it is sitting there because of industry oversupply. The "pity" you feel is an emotional trap designed to make you fearful.
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Kopinathan Sivadas
RM20 not gonna reach after this i think.
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kangkung belacan
The lowest price before on year 2009 is 1.3x , now on year 2026 the lowest is 0.820, maybe can beat the lowest after this. Who knows.
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